Q1 FY2026, built from SEC filings. Accession numbers are cited throughout so every figure can be checked against sec.gov. The same data is published as JSON at financials.json for agents that prefer to fetch it directly.
standard operating company (semiconductors), extended with reportable-segment revenue and operating income
Schema rationale
AMD is a fabless semiconductor designer, so the standard revenue / cost of sales / gross profit / operating income frame fits directly. Because AMD's economics are driven by mix across three very different businesses, the segment revenue and segment operating income disclosed in Note 4 of each filing are reported alongside the consolidated statements. Amortization of acquisition-related intangibles is shown separately because it is large (over $2.2 billion a year) and sits in both cost of sales and operating expenses.
Reporting currency
USD
Converted to USD
no
Units
actual dollars (not millions)
Fiscal calendar note
AMD uses a 52/53-week fiscal year ending on the last Saturday of December. Fiscal 2025 ended December 27, 2025; fiscal 2024 ended December 28, 2024; fiscal 2023 ended December 30, 2023. The first quarter of fiscal 2026 ended March 28, 2026.
Units note handling
Every dollar and share figure in the source statements is stated in millions and has been multiplied by 1,000,000 here; per-share amounts are stated in dollars and are carried through unchanged. Share counts on the face of AMD's statements are also in millions, not thousands.
Amortization of acquisition related intangibles in cost of sales
1,031,000,000
946,000,000
942,000,000
Total cost of sales
17,487,000,000
13,060,000,000
12,220,000,000
Gross profit
17,152,000,000
12,725,000,000
10,460,000,000
Gross margin %
49.5%
49.4%
46.1%
Research and development
8,091,000,000
6,456,000,000
5,872,000,000
Marketing general and administrative
4,144,000,000
2,735,000,000
2,318,000,000
Amortization of acquisition related intangibles in opex
1,223,000,000
1,448,000,000
1,869,000,000
Restructuring charges
0
186,000,000
0
Total operating expenses
13,458,000,000
10,825,000,000
10,059,000,000
Operating income
3,694,000,000
1,900,000,000
401,000,000
Operating margin %
10.7%
7.4%
1.8%
Interest expense
-131,000,000
-92,000,000
-106,000,000
Other income expense net
577,000,000
181,000,000
197,000,000
Pretax income continuing operations
4,140,000,000
1,989,000,000
492,000,000
Income tax provision benefit
-103,000,000
381,000,000
-346,000,000
Equity income in investee
26,000,000
33,000,000
16,000,000
Income from continuing operations net of tax
4,269,000,000
1,641,000,000
854,000,000
Income from discontinued operations net of tax
66,000,000
0
0
Net income
4,335,000,000
1,641,000,000
854,000,000
Net margin %
12.5%
6.4%
3.8%
EPS basic
2.67
1.01
0.53
EPS diluted
2.65
1.0
0.53
EPS diluted continuing operations
2.61
1.0
0.53
Shares basic weighted average
1,624,000,000
1,620,000,000
1,614,000,000
Shares diluted weighted average
1,636,000,000
1,637,000,000
1,625,000,000
Balance sheet
Cash and cash equivalents
5,539,000,000
3,787,000,000
Short term investments
5,013,000,000
1,345,000,000
Cash and short term investments
10,552,000,000
5,132,000,000
Accounts receivable net
6,315,000,000
6,192,000,000
Inventories
7,920,000,000
5,734,000,000
Total current assets
26,947,000,000
19,049,000,000
Property and equipment net
2,312,000,000
1,802,000,000
Goodwill
25,126,000,000
24,839,000,000
Acquisition related intangibles net
16,705,000,000
18,930,000,000
Total assets
76,926,000,000
69,226,000,000
Accounts payable
2,929,000,000
2,466,000,000
Accrued liabilities
5,250,000,000
4,260,000,000
Current portion of long term debt net
874,000,000
0
Total current liabilities
9,455,000,000
7,281,000,000
Long term debt net of current portion
2,348,000,000
1,721,000,000
Total debt net carrying amount
3,222,000,000
1,721,000,000
Total debt principal amount
3,250,000,000
1,750,000,000
Long term operating lease liabilities
625,000,000
491,000,000
Total liabilities
13,927,000,000
11,658,000,000
Total stockholders equity
62,999,000,000
57,568,000,000
55,892,000,000
Net cash position
7,330,000,000
3,411,000,000
Shares issued
1,695,000,000
1,680,000,000
Shares outstanding
1,630,000,000
1,622,000,000
Note
The FY2025 10-K presents a two-year balance sheet (fiscal 2025 and fiscal 2024), so a full fiscal 2023 balance sheet is not on the face of that filing. Total stockholders' equity for fiscal 2023 is taken from the Consolidated Statements of Stockholders' Equity in the same filing, which does cover three years.
Cash flow
Net cash provided by operating activities continuing operations
6,493,000,000
3,041,000,000
1,667,000,000
Net cash provided by operating activities discontinued operations
1,216,000,000
0
0
Net cash provided by operating activities total
7,709,000,000
3,041,000,000
1,667,000,000
Capital expenditures
974,000,000
636,000,000
546,000,000
Free cash flow continuing operations
5,519,000,000
2,405,000,000
1,121,000,000
Free cash flow total reported operating cash flow
6,735,000,000
2,405,000,000
1,121,000,000
Depreciation and amortization
750,000,000
671,000,000
642,000,000
Amortization of acquisition related intangibles
2,254,000,000
2,393,000,000
2,811,000,000
Stock based compensation
1,638,000,000
1,407,000,000
1,384,000,000
Acquisitions net of cash acquired
-1,760,000,000
-548,000,000
-131,000,000
Proceeds from divestiture net of cash divested
1,356,000,000
0
0
Proceeds from debt and commercial paper issuance
2,441,000,000
0
0
Repayment of debt and commercial paper
-950,000,000
-750,000,000
0
Repurchases of common stock
-1,316,000,000
-862,000,000
-985,000,000
Stock repurchases for tax withholding
-607,000,000
-728,000,000
-427,000,000
Net cash used in investing activities
-5,533,000,000
-1,101,000,000
-1,423,000,000
Net cash used in financing activities
-431,000,000
-2,062,000,000
-1,146,000,000
Dividends paid
0
0
0
Segments
Note
Segment figures come from Note 4 of the FY2025 10-K. Beginning in the first quarter of fiscal 2025 AMD combined its Client and Gaming segments into one reportable segment, and all prior-period segment data were retrospectively restated on that basis. AMD still discloses Client and Gaming revenue separately within the combined segment. The All Other category is not a reportable segment; it collects amortization of acquisition-related intangibles, stock-based compensation, acquisition-related and other costs, restructuring charges and similar items that management excludes when evaluating segment performance.
Retrospectively restated in the FY2025 10-K for the combination of the Client and Gaming segments.
Retrospectively restated in the FY2025 10-K for the combination of the Client and Gaming segments.
Revenue
Data center
16,635,000,000
12,579,000,000
6,496,000,000
Client and gaming
14,550,000,000
9,649,000,000
10,863,000,000
Client component of client and gaming
10,640,000,000
7,054,000,000
4,651,000,000
Gaming component of client and gaming
3,910,000,000
2,595,000,000
6,212,000,000
Embedded
3,454,000,000
3,557,000,000
5,321,000,000
Total
34,639,000,000
25,785,000,000
22,680,000,000
Operating income
Data center
3,603,000,000
3,482,000,000
1,267,000,000
Client and gaming
2,855,000,000
1,187,000,000
925,000,000
Embedded
1,243,000,000
1,421,000,000
2,628,000,000
All other
-4,007,000,000
-4,190,000,000
-4,419,000,000
Total
3,694,000,000
1,900,000,000
401,000,000
Geographic revenue by customer billing location
United states
11,363,000,000
8,693,000,000
7,837,000,000
China including hong kong
7,751,000,000
6,231,000,000
3,417,000,000
Taiwan
5,186,000,000
3,301,000,000
1,841,000,000
Singapore
4,284,000,000
3,614,000,000
2,231,000,000
Other regions
6,055,000,000
3,946,000,000
7,354,000,000
Total
34,639,000,000
25,785,000,000
22,680,000,000
Quarterly
2026-03-28
2025-03-29
Fiscal period
FY2026 Q1
FY2025 Q1
Period end
2026-03-28
2025-03-29
Period label
Three months ended March 28, 2026
Three months ended March 29, 2025 (prior-year comparative shown in the FY26Q1 10-Q)
Amortization of acquisition related intangibles in cost of sales
261,000,000
251,000,000
Total cost of sales
4,837,000,000
3,702,000,000
Gross profit
5,416,000,000
3,736,000,000
Gross margin %
52.8%
50.2%
Research and development
2,397,000,000
1,728,000,000
Marketing general and administrative
1,253,000,000
886,000,000
Amortization of acquisition related intangibles in opex
290,000,000
316,000,000
Total operating expenses
3,940,000,000
2,930,000,000
Operating income
1,476,000,000
806,000,000
Operating margin %
14.4%
10.8%
Interest expense
-37,000,000
-20,000,000
Other income expense net
165,000,000
39,000,000
Pretax income continuing operations
1,604,000,000
825,000,000
Income tax provision benefit
238,000,000
123,000,000
Equity income in investee
6,000,000
7,000,000
Income from continuing operations net of tax
1,372,000,000
709,000,000
Income from discontinued operations net of tax
11,000,000
0
Net income
1,383,000,000
709,000,000
Net margin %
13.5%
9.5%
EPS basic
0.85
0.44
EPS diluted
0.84
0.44
EPS diluted continuing operations
0.83
0.44
Shares basic weighted average
1,631,000,000
1,620,000,000
Shares diluted weighted average
1,650,000,000
1,626,000,000
Balance sheet
Cash and cash equivalents
5,585,000,000
Short term investments
6,762,000,000
Cash and short term investments
12,347,000,000
Accounts receivable net
6,035,000,000
Inventories
8,045,000,000
Total current assets
28,628,000,000
Property and equipment net
2,723,000,000
Goodwill
25,344,000,000
Acquisition related intangibles net
16,154,000,000
Total assets
79,642,000,000
Accounts payable
2,997,000,000
Accrued liabilities
5,785,000,000
Current portion of long term debt net
874,000,000
Total current liabilities
10,506,000,000
Long term debt net of current portion
2,350,000,000
Total debt net carrying amount
3,224,000,000
Total debt principal amount
3,250,000,000
Long term operating lease liabilities
647,000,000
Total liabilities
15,180,000,000
Total stockholders equity
64,462,000,000
Net cash position
9,123,000,000
Shares issued
1,697,000,000
Shares outstanding
1,630,000,000
Note
The FY26Q1 10-Q balance sheet presents March 28, 2026 against December 27, 2025, so no March 29, 2025 balance sheet appears in that filing.
Cash flow
Net cash provided by operating activities continuing operations
2,955,000,000
939,000,000
Capital expenditures
389,000,000
212,000,000
Free cash flow continuing operations
2,566,000,000
727,000,000
Depreciation and amortization
206,000,000
175,000,000
Amortization of acquisition related intangibles
551,000,000
567,000,000
Stock based compensation
487,000,000
364,000,000
Net cash used in investing activities continuing operations
-2,565,000,000
-357,000,000
Net cash used in financing activities continuing operations
-350,000,000
Repurchases of common stock
-221,000,000
-749,000,000
Stock repurchases for tax withholding
-134,000,000
-30,000,000
Dividends paid
0
0
Net cash provided by financing activities continuing operations
1,666,000,000
Segments
Revenue
Data center
5,775,000,000
3,674,000,000
Client and gaming
3,605,000,000
2,941,000,000
Client component of client and gaming
2,885,000,000
2,294,000,000
Gaming component of client and gaming
720,000,000
647,000,000
Embedded
873,000,000
823,000,000
Total
10,253,000,000
7,438,000,000
Operating income
Data center
1,599,000,000
932,000,000
Client and gaming
575,000,000
496,000,000
Embedded
338,000,000
328,000,000
All other
-1,036,000,000
-950,000,000
Total
1,476,000,000
806,000,000
Trailing twelve months
Value
Period label
Twelve months ended March 28, 2026
Derivation
Fiscal 2025 full-year figures from the FY2025 10-K, less the three months ended March 29, 2025, plus the three months ended March 28, 2026, both from the FY26Q1 10-Q. This is a computed roll-forward, not a figure AMD reports.
Source accessions
0000002488-26-000018; 0000002488-26-000076
Revenue
37,454,000,000
Gross profit
18,832,000,000
Gross margin %
50.3%
Operating income
4,364,000,000
Operating margin %
11.7%
Income from continuing operations net of tax
4,932,000,000
Net income
5,009,000,000
EPS diluted
3.05
Operating cash flow continuing operations
8,509,000,000
Capital expenditures
1,151,000,000
Free cash flow continuing operations
7,358,000,000
TTM EPS note
Trailing diluted EPS is the sum of the reported diluted EPS for each of the four quarters in the window (fiscal 2025 full year of $2.65, less $0.44 for the first quarter of fiscal 2025, plus $0.84 for the first quarter of fiscal 2026). Because the weighted-average share count differs period to period, this sum is an approximation rather than an exact per-share result.
Units notes seen
Value
FY2025 10-K Consolidated Statements of Operations
(In millions, except per share amounts)
FY2025 10-K Consolidated Statements of Comprehensive Income
(In millions)
FY2025 10-K Consolidated Balance Sheets
(In millions, except par value amounts)
FY2025 10-K Consolidated Statements of Stockholders' Equity
(In millions)
FY2025 10-K Consolidated Statements of Cash Flows
(In millions)
FY2025 10-K Note 4 - Segment Reporting
(In millions)
FY2025 10-K Note 9 - Debt, Revolving Credit Facility and Commercial Paper Program
(In millions)
FY26Q1 10-Q Condensed Consolidated Statements of Operations
(In millions, except per share amounts)
FY26Q1 10-Q Condensed Consolidated Balance Sheets
(In millions, except par value amounts)
FY26Q1 10-Q Condensed Consolidated Statements of Cash Flows
(In millions)
FY26Q1 10-Q Note 4 - Segment Reporting
(In millions)
FY26Q1 10-Q Note 9 - Debt, Revolving Credit Facility and Commercial Paper Program
(In millions)
Adjustments
Value
Splits applied
none
Splits note
No stock splits occurred over any period reported here, so per-share figures are directly comparable across all years and quarters.
ADR ratio
n/a
FX
None applied. AMD reports in U.S. dollars, so no currency conversion was needed.
Capital returns
Value
Dividends paid any period
0
Dividend policy
AMD pays no dividend. The FY2025 10-K states the company does not expect to pay dividends in the near future, and the expected dividend yield used in its stock-based compensation valuations is zero across fiscal 2023, 2024 and 2025.
Buybacks
Fy2023 repurchases of common stock
985,000,000
Fy2024 repurchases of common stock
862,000,000
Fy2025 repurchases of common stock
1,316,000,000
Fy26q1 repurchases of common stock
221,000,000
Note
Amounts are cash paid for share repurchases as reported in the financing section of the cash flow statements. Separate amounts shown as stock repurchases for tax withholding on employee equity plans are excluded from these figures and are listed within each period's cash flow block.
Notes
All figures are taken from the face of the financial statements in AMD's FY2025 annual report on Form 10-K (accession 0000002488-26-000018, filed February 4, 2026, for the fiscal year ended December 27, 2025) and its quarterly report on Form 10-Q (accession 0000002488-26-000076, filed May 6, 2026, for the quarter ended March 28, 2026), together with the segment, debt and stockholders' equity notes in those same filings.
Every statement in both filings is denominated in millions of dollars, and the share counts on the face of the statements are also in millions. All dollar and share figures here have been restated into actual dollars and actual shares.
The most recent quarterly figures available are for the quarter ended March 28, 2026. AMD's fiscal second quarter of 2026 ended in late June 2026, but as of this compilation no results release or quarterly report covering that quarter had been filed, so nothing later than the March 28, 2026 quarter is reported here.
AMD acquired ZT Systems on March 31, 2025 for total purchase consideration of $4.409 billion, then divested the ZT data center infrastructure manufacturing business on October 27, 2025. The manufacturing business is presented as discontinued operations; the retained ZT design operations and employees are inside continuing operations within the Data Center segment. Fiscal 2025 therefore carries $66 million of income from discontinued operations, $1.216 billion of operating cash flow from discontinued operations and $1.356 billion of divestiture proceeds. Because those discontinued-operations flows distort the cash figures, free cash flow is reported here on two bases: from continuing operations only, and using the total reported operating cash flow.
Beginning in the first quarter of fiscal 2025 AMD combined its Client and Gaming reportable segments into a single Client and Gaming segment, and restated all prior-period segment data on that basis. The segment history shown here for fiscal 2023 and fiscal 2024 is the restated presentation as it appears in the FY2025 10-K, which is why it will not match the segment tables published in AMD's older annual reports. AMD continues to disclose Client revenue and Gaming revenue separately inside the combined segment, and both components are reported here.
AMD's All Other category is not a reportable segment. It carries the costs management excludes from segment results, chiefly amortization of acquisition-related intangibles ($2.254 billion in fiscal 2025) and stock-based compensation ($1.638 billion in fiscal 2025). Summing the three reportable segments' operating income overstates consolidated operating income by the size of this category, so All Other is shown explicitly as a negative line.
Fiscal 2025 cost of sales includes roughly $440 million of net inventory and related charges tied to U.S. government export controls on AMD Instinct MI308 data center GPU products. There were no comparable export-control charges in fiscal 2024 or fiscal 2023.
The fiscal 2025 income tax line is a net benefit of $103 million rather than an expense, which is why net income of $4.335 billion exceeds pretax income from continuing operations of $4.140 billion.
Total debt is reported both at principal amount and at net carrying amount. Note 9 of the FY2025 10-K shows $3.250 billion of principal ($875 million of 4.212% notes due 2026, $625 million of 4.319% notes due 2028, $750 million of 2.375% notes due 2030, $500 million of 3.924% notes due 2032 and $500 million of 4.393% notes due 2052) against $3.222 billion net of unamortized discount and issuance costs. AMD issued $1.5 billion of new notes in March 2025 and had no commercial paper outstanding at either December 27, 2025 or March 28, 2026. Operating lease liabilities are listed separately and are not included in the total debt figures.
Total liabilities is not presented as a single line on AMD's balance sheet; the values shown here are total assets less total stockholders' equity, which reconciles exactly for each date reported.
Net cash position is calculated as cash and cash equivalents plus short-term investments, less the net carrying amount of total debt.
The FY2025 10-K presents a two-year balance sheet, so no complete fiscal 2023 balance sheet is available from that filing. Only fiscal 2023 total stockholders' equity is reported, sourced from the three-year Consolidated Statements of Stockholders' Equity in the same filing.
Margins, free cash flow, cash-and-short-term-investments totals, net cash position and the trailing-twelve-month figures are computed from the reported line items rather than taken from a filing; every input to those calculations is a figure disclosed on the face of the statements.
The figures shown here agree with the SEC's XBRL company facts for AMD on every line checked, including revenue, operating income, net income, diluted earnings per share, weighted-average diluted shares, operating cash flow, capital expenditures, total assets and total stockholders' equity for all periods reported. No discrepancy between the filing and the structured data was found that required a judgment call.
AMD reports in U.S. dollars, has had no stock splits over any period presented, and is not an ADR, so no currency, split or ratio adjustments were applied.
Uncertainties
The purchase price allocation for the ZT Systems acquisition, including the split of fair value between the divested manufacturing business and the retained design business, is described in the FY2025 10-K as preliminary and subject to revision during a measurement period that runs up to twelve months from the March 31, 2025 acquisition date. Goodwill, intangibles and the fiscal 2025 discontinued-operations result could be adjusted as that allocation is finalized.
Trailing-twelve-month diluted earnings per share of $3.05 is a sum of four quarters of reported per-share figures. Because weighted-average diluted share counts changed across those quarters (1,626 million in the first quarter of fiscal 2025 versus 1,650 million in the first quarter of fiscal 2026), it is an approximation and not a figure AMD reports.
Fiscal 2025 free cash flow depends on which operating cash flow base is used. Total reported operating cash flow of $7.709 billion includes $1.216 billion generated by the ZT manufacturing business before it was divested; continuing operations produced $6.493 billion. Both resulting free cash flow figures are reported, and users should pick the basis that fits their purpose.
Capital expenditures for fiscal 2025 are stated as the $974 million of property and equipment purchases within continuing operations. The cash flow statement separately shows $38 million of property and equipment purchases inside discontinued investing activities, which is excluded here; including it would raise fiscal 2025 capital expenditures to $1.012 billion.
Total liabilities is derived rather than disclosed, since AMD's balance sheet does not present a total liabilities subtotal.
Segment operating income for fiscal 2023 and fiscal 2024 reflects AMD's restated segment structure and its current expense-allocation judgments. Segment results depend on management's allocation choices and are not standalone financial statements.
Company details
Value
Name
Advanced Micro Devices Inc
Ticker
AMD
CIK
0000002488
Exchange
Nasdaq
State
California
Incorporation
Delaware
SIC
3674
Office
Manufacturing
Industry
Semiconductors & Related Devices
Next filing
Value
Predicted date
2026-07-29
Predicted type
10-Q
Fiscal period
FY2026
Fiscal year
2026
Fiscal period
Q1
Tag
FY26Q1
Period end
2026-03-28
Form
10-Q
Accession
0000002488-26-000076
Fiscal year end
1226
Source
facts
Built from Advanced Micro Devices Inc.'s SEC filings by Ticker Scout. Free to cite with attribution: Ticker Scout (tickerscout.ai). Not investment advice, see the Disclaimer. Also for this company: company index, financials.json, index.json.